The cryptocurrency market has experienced a surprising and exciting turnaround in the past 24 hours. The value of top cryptocurrency assets like Bitcoin (BTC) has surged to its highest level since the beginning of the year. 🚀

Arthur Hayes, co-founder of BitMEX, has adjusted his forecast, suggesting that the bull cycle will last until March. He noted that the volatility of the dollar will continue to impact the market but at the same time create opportunities for cryptocurrency assets.

Hayes predicts that actions from the Federal Reserve and the U.S. Treasury will boost dollar liquidity, benefiting BTC. However, he also warns that negative factors could emerge after April 15, as the tax deadline approaches. 📉